2 Bargain Stocks Down 80% to Buy Right Now
While many stocks in the market may look overvalued, there are just as many that fall on the opposite end of the spectrum. Two stocks valued at dirt-cheap levels that I think deserve more respect are (NASDAQ: PYPL) and Twilio (NYSE: TWLO).
Both stocks had solid years during 2020 and 2021 but have since cratered to levels not seen since years before the pandemic stock market frenzy occurred. I think each deserves a long look, as the companies aren't performing as poorly as their valuations would have you believe.
Let's take a look at why PayPal and Twilio could be great buys now.
Source Fool.com
Paypal Holdings Inc Stock
The stock is one of the favorites of our community with 50 Buy predictions and 2 Sell predictions.
As a result the target price of 78 € shows a positive potential of 38.03% compared to the current price of 56.51 € for Paypal Holdings Inc.